Reports that Sky (LSE: SKY) could be mulling a bid for Formula One might worry shareholders in BT (LSE: BT-A), given the two companies’ increasingly tasty battle for subscribers. Arguably, however, owning F1 would just be a big distraction for the media giant…
Should BT Group plc Worry About A Sky PLC Bid For Formula One?
VIDEO: One Fool puts BT Group plc (LON:BT.A) and SKY PLC (LON:SKY) under the spotlight.
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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